City midfielder Rodwell called into England squad    Profile: Hamada Abou Sheita    Antiquities minister: UNESCO threatens to declassify heritage sites    Disapproval over increased taxes on bank loan loss provisions    Pharmacist union predicts shortages of imported medicine to reach 90%    AS Roma and Inter Milan fined in Italy's racism crisis    Basel lose Swiss cup on penalties    Hamas increases presence along Egyptian border    Presidency denies negotiations with kidnappers    Al-Sulaya heads for Villarreal trial    Preparatory school student shoots classmate in Upper Egypt    Real Madrid call news conference amid Mourinho exit speculation    Turkey pumps $250m more in its credit line to Egypt    Trial referrals for UAE detainees imminent    Egypt's top companies: the Power 34    Qatar sets up $1 billion energy infrastructure fund    YouTube Turns 8 Years Old    Lethal medicine sold in broad daylight    Israel bank heist kills 4; robber takes own life    Imran Khan's Party Wins Revote In Karachi, Protests Expected    Morsi: NGOs Law To Be Discussed With Different Parties Before Its Approval    Concern over Suez Canal development    Yahoo Board OKs $1.1 Bln Purchase Of Tumblr: Report    Japan, Hong Kong Stocks Lead Asia Gains    Egypt's Central Bank Offers US$ 40 Mln At Monday's FX Auction    Exclusive: Mubarak-Era Top Gas Mogul Owns 300.000 Shares In Egypt Bourse    Former Pakistani dictator Musharraf granted bail    Over 30 Dead, Dozens Wounded As String Of Bombings Hits Iraq    Students launch organic soap company Saboony    Two Egyptian Journalists, Critical Of Morsi, Face Trial    Bite Me Cairo: Once upon a time    Turkey: 1 killed, 24 injured in balloon crash    Syria gunfire hits Israel-occupied Golan: Army    Al-Shennawi apologizes, but remains grounded    Fierce fighting continue in Syria's Qusair    Kuwait's Kharafi group wins $930 mln from Libya    Morsi Appoints New Head Of Constitutional Court    China calls N. Korea to secure release of seized boat    Protesting Egyptian Police Block Israel Border Crossing    Eurovision Song Contest Won By Denmark    U.S. 'Idol' Winner Shines Light On South's Gullah Culture    Shots fired at Cannes, actors flee for cover    Iranian director's taut family saga rivets critics at Cannes    David Beckham is to retire from football    Emma Watson wows in glitz gown at Cannes    Goons of the intellect    YouTube launches ‘Comedy Week' 19 May    AUC showcases its musical range in stunning double feature    

Articles of the author Ahmed Kotb
Taxis enter third phase
The Ministry of Finance kicked off a third phase of the country's taxi-renovation project, which started in April 2009 and aims to replace older cabs with newer ones, on Monday, with Minister of Finance Al-Morsi Hegazi signing the protocol for the third phase with Minister of Social Affairs and (...)

30 - 04 - 2013
More costly construction
Increases in the prices of cement and steel are raising question marks in the building materials market about the reasons behind the hikes, with cement factories last month raising their prices by an average of LE300 per tonne, meaning that cement is now sold to the end consumer at LE700 to LE800, (...)

24 - 04 - 2013
Problems cooking
One week after the decision to increase the price of butane gas cylinders used for cooking, many of the country's warehouses through which cylinders are distributed have gone on strike, refusing to receive their designated share of butane canisters and saying that the decision to increase the price (...)

09 - 04 - 2013
Preparing for a dark summer?
Power cuts have been experienced across Egypt since last week owing to shortages of fuel delivered to power stations, causing the national grid to lose more than 3,500 megawatts (MW) out of a total capacity of about 29,000 MW. The Ministry of Petroleum said that the main reason behind the power (...)

03 - 04 - 2013
Cool about rising prices
The two main beverage companies operating in Egypt, Pepsico and Coca Cola Egypt, have decided to increase the prices of their soft drinks. Depending on the size of the package, the increase is between LE0.25 to LE1.2 on the wholesale price. According to the new wholesale prices, a 330ml can or (...)

27 - 03 - 2013
Central Bank helps tourism
The Central Bank of Egypt (CBE) announced an initiative this week that could help support the unstable tourism industry, one of the country's top earners of foreign currency and contributors to GDP. The CBE declared in a press statement that it had decided to give greater credit facilities to (...)

19 - 03 - 2013
Opportunity via employment
Social justice and providing equal opportunities for all are among the most important demands of the post-revolution period, especially at a time when the slowing economy has led to an increase in the number of those unemployed. According to the Central Agency for Public Mobilisation and Statistics (...)

12 - 03 - 2013
Ballooning anxieties
The tragic ballooning accident that left 19 people dead and two wounded in Luxor last week has led the minister of civil aviation, Wael Al-Maadawi, to ban balloon flights over the city until investigations into the cause of the accident have been completed. However, although the accident may seem (...)

05 - 03 - 2013
TE going mobile
The market is getting ready for the entry of another mobile network operator, with Amr Badawi, CEO of the National Telecommunications Regulatory Authority (NTRA), announcing this week that the Authority had issued a tender to hire a global expertise house to price the country's integrated telecom (...)

12 - 02 - 2013
Tourism in jeopardy
The tourism industry, one of the main pillars of Egypt's economy, is continuing to suffer amid the political instability and security concerns in some areas of the country, with hotel occupancy rates at their lowest during the winter season, usually the high season for Egypt's tourism. The number (...)

05 - 02 - 2013
Export difficulties
Many Egyptian manufacturers of alkyd resins, raw materials used in manufacturing paint, coatings, ink and other chemical products, have stopped operations at their factories due to an inability to export their products. The customs authority has refused to allow the resins to leave Egypt's ports (...)

30 - 01 - 2013
Dollar puts on the brakes
The depreciation of the Egyptian pound against other currencies, especially the US dollar, has hit the car market hard since this mainly depends on imports and it has translated into price increases for consumers. “This comes at a time when the market is already suffering from lower-than-usual (...)

30 - 01 - 2013
Let there be light
The Ministry of Electricity and Energy (MEE) has been complaining about shortages in fuel supplies for Egypt's electricity stations since the beginning of last month, causing power cuts across the country. While the situation has been resolved temporarily, the problem could happen again due to (...)

09 - 01 - 2013
Cement complaints
The Ministry of Petroleum said this week that it would gradually increase the price of Mazut, a low-quality fuel oil used by furnaces at a number of cement companies, instead of implementing a previous decision taken early in December by Prime Minister Hisham Kandil to increase prices by 130 per (...)

01 - 01 - 2013
Slippery slide
The Egyptian pound has depreciated to new lows against the dollar following instabilities sparked by a controversial constitutional declaration two weeks ago. It sold for LE6.17 against the US dollar on Tuesday compared to LE6.1 a week. The pound has been depreciating for the last two years, but (...)

12 - 12 - 2012
Collateral damage
Owners of downtown stores, which are normally crammed with people, are complaining about how their businesses are currently experiencing one of the worst downturns since the early days of the 25 January Revolution. Several stores in the streets nearby Tahrir Square, such as Talaat Harb, and Bab (...)

05 - 12 - 2012
Winter worries
The tourism industry had been counting on this winter season to make up for its losses since the revolution, hoping to attract a number of tourists close to that of 2010. But that hope has been dampened following clashes in Tahrir Square and the surrounding area, as well as protests against the (...)

27 - 11 - 2012
On the other hand
Egyptian Minister of Industry and Foreign Trade Hatem Saleh announced last week that the ministry is studying the expansion of the current Free Trade Area (FTA) agreement with Turkey in order to allow for a larger volume of trade exchange. Egypt's FTA with Turkey was signed in 2005 and came into (...)

21 - 11 - 2012
Why soaring electricity bills?
Electricity companies in most of Egypt's governorates have received thousands of complaints regarding higher bills that many citizens say are “inexplicable”. “The monthly bill has gone up in the last four months by more than 300 per cent, while usage remains the same,” said Ahmed Montasser, a (...)

14 - 11 - 2012
Eyes on the clock
Will the government's decision to close Egypt's shops at 10pm be implemented, wonders Ahmed Kotb The Federation of Egyptian Chambers of Commerce (FECC) decided Monday to reject the decision taken by the Board of Governors that stipulates that shops across the country shut down at 10pm. In a (...)

25 - 10 - 2012
Tourism tips
Although tourist flows to Egypt have improved, more needs to be done to get the most out of the industry, reports Ahmed Kotb Training, an open skies policy and targeting new markets are some of the suggestions offered by tourism experts to help increase the flow of tourists to Egypt. That flow had (...)

18 - 10 - 2012
Protect Egypt's steel
The industry is anxious about a low-priced Chinese shipment on its way to Egypt, reports Ahmed Kotb Last week news spread rapidly about an awaited shipment of 30,000 tonnes of Chinese steel that will be sold in the local market at around LE3,600 per tonne, LE1,000 less than the average price of a (...)

04 - 10 - 2012
Will coupons replace gasoline subsidies?
Rumours abound about governmental plan to implement a smart card system for fuel consumption as part of efforts to cut energy subsides, reports Ahmed Kotb Previous governments mentioned on several occasions that energy prices should be changed in order to cut massive energy subsidies that cost the (...)

27 - 09 - 2012
One piastre a minute
Rumours abound about governmental plan to implement a smart card system for fuel consumption as part of efforts to cut energy subsides, reports Ahmed Kotb Previous governments mentioned on several occasions that energy prices should be changed in order to cut massive energy subsidies that cost the (...)

27 - 09 - 2012
Provisions for growth
Ahmed Kotb looks at a recent study that suggests a number of socio-economic aspects for the new Egyptian constitution With the post-revolution constitution being drafted, a number of vital socio-economic provisions have been suggested by one expert to be the basis for long-term stability that would (...)

27 - 09 - 2012
Advertisement

Report inappropriate advertisement
Please help us to block an inappropriate advertisement by telleing what was the website it links to :





Thank you for reporting!
We will review the advertisement in order to ban it.